huge stock market rally is over for now!

Is the huge rally over for now?

  • yes, rowshan is usually right

    Votes: 110 34.2%

  • No! more upside ahead

    Votes: 113 35.1%

  • I don't know/I don't care/stop with your polls

    Votes: 106 32.9%
  • Total voters
    322
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Quote from Ivanovich:

Great, so you'll be as wrong as every market commentator on TV.

In one post you laugh at those on TV, in the next, you try to support your argument with the same thinking.

You're a lost soul, mate.
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Im being sarcastic when I say that.
 
Quote from S2007S:

Im being sarcastic when I say that.
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Alright, then we're back on how you shouldn't be looking so far ahead. Focus on the right now and price action and less on the fundamentals. The economy as a whole seems to have less to do with price action. We all know the economy is crap. Obviously, the market doesn't care. Go with that and stop trying to buck the trend. When the market decides the economy is important, then change.
 
Quote from B. Rowshan:


As I said yesterday, since the original resistance at S&P 928-930 now looks to be holding for a few months, I can sell S&P 950 and 1000 calls for July, August and Sept. This trade is a low risk, nice reward trade. And since I believe the odds are in my favor, I am comfortable with it.

Take it to the bank amigo$!
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Now comes the point where the market tests Rowshan's mettle. This could be where the market takes him to the bank, OR his finest hour...
 
Quote from Ivanovich:

Alright, then we're back on how you shouldn't be looking so far ahead. Focus on the right now and price action and less on the fundamentals. The economy as a whole seems to have less to do with price action. We all know the economy is crap. Obviously, the market doesn't care. Go with that and stop trying to buck the trend. When the market decides the economy is important, then change.
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I couldn't agree with you anymore, except the last part, as I feel things are so heavily manipulated with dark pools and the rest (if people claim I'm a whacko CTer on markets, that's fine; I can live with that), there is no true market which digests true economic data and reacts rationally anymore, as economic textbooks have taught us there was for all these years.

The market is a highly manipulated, rigged apparatus, and unless you're an insider, you're at an incredible disadvantage over the intermediate and long term.

It sure will let you get on a cocaine high over short periods of time, hence turning you into an incurable junkie, however.
 
Quote from Ivanovich:

Now comes the point where the market tests Rowshan's mettle. This could be where the market takes him to the bank, OR his finest hour...
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Looks like Market took Rowshan to the bank, I guess. Oh well, looked to be a good call. Tough market, I guess.
 
Another slow push higher.


GOOG, IBM, C and BAC are just some of the earnings for tonight and tomorrow. If GOOG and IBM shine bright tonight and tech jumps even higher it might time to add some shorts.
 
Quote from S2007S:

Another slow push higher.


GOOG, IBM, C and BAC are just some of the earnings for tonight and tomorrow. If GOOG and IBM shine bright tonight and tech jumps even higher it might time to add some shorts.
More...

No way you are for real. If you were, you'd have lost all your money 5 times over by now shorting everything that moves up.
 
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